BP said it would increase its oil and gas investments to about $10 billion a year as it pivots away from its low-carbon ...

British energy company BP has confirmed it is to slash spending on green ventures and up its oil and gas production LONDON -- British energy company BP confirmed Wednesday that it would slash ...

Activist fund Elliott Management wants BP to go further than plans outlined last week and completely ditch renewables, it has been reported. With a long track record of taking on sovereign ...

But the group of investors, which includes Scottish Widows, Hargreaves Lansdown Fund Managers and Royal London Asset Management arm, wrote to BP on Wednesday to say they expect a say on any plans.

BP (NYSE:BP) is making a hard pivot back to fossil fuels, ditching its ambitious renewable energy targets in a bid to regain investor confidence. At its investor day in London, CEO Murray ...

A group of four dozen institutional investors that hold a combined 2.5% stake in BP are urging the supermajor to put to vote any fundamental reset of its strategy that could include easing its ...

LONDON (AP) — British energy company BP confirmed Wednesday that it would slash spending on green ventures and increase its oil and gas production, a change in direction that it hopes will ...

LONDON, Feb 14 (Reuters Breakingviews) - BP (BP.L), opens new tab has a laundry list of problems. The $93 billion UK oil major has a confused strategy, an overleveraged balance sheet, and a ...